Vestar Capital Partners is an American

private equity firm A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...

focusing on

leveraged buyout A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of t ...

transactions in middle-market companies in the United States. The firm, which was founded in 1988, is headquartered in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

with offices in

Boston, Massachusetts Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

and

Denver, Colorado Denver ( ) is a List of municipalities in Colorado#Consolidated city and county, consolidated city and county, the List of capitals in the United States, capital and List of municipalities in Colorado, most populous city of the U.S. state of ...

, in the U.S.

History

Vestar is a leading private equity firm specializing in management buyouts and growth capital investments. Vestar was founded in 1988 by principals of The First Boston Corporation’s Management Buyout Group. As of 2017, four of the original founders—Daniel O'Connell, Norman Alpert, Robert Rosner, and James Kelley—were still with the firm. Since the firm's founding in 1988, the Vestar funds have completed more than 80 investments in companies with a total value of more than $46 billion. In 2013, Vestar Capital acquired a majority stake in Roland Foods Corporation. The firm acquired Institutional Shareholder Services (ISS) from

MSCI MSCI Inc. (formerly Morgan Stanley Capital International) is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and ...

in 2014 for $364 million.

Investment funds

Between 1988 and 2019, Vestar raised seven

private equity fund A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity. ...

s with total investor commitments of more than $8 billion. The first six of those funds have been fully invested. *1988 - Vestar Capital Partners ($35 million - Fully invested and liquidated) *1993 - Vestar Capital Partners II ($260 million - Fully invested and liquidated) *1997 - Vestar Capital Partners III ($803 million - Fully invested) *1999 - Vestar Capital Partners IV ($2.48 billion - Fully invested) *2005 - Vestar Capital Partners V ($3.7 billion - Fully invested) *2013 - Vestar Capital Partners VI ($804 million - Fully invested) *2019 - Vestar Capital Partners VII ($1.1 billion - Currently investing)

References

External links

Vestar Capital Partners
(company website) {{Private equity firms Private equity firms of the United States Financial services companies established in 1988 Companies based in New York City 1988 establishments in New York City